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LoanCare

Foreclosure Specialist II- Sales & Bids Team

LoanCare

2h ago

0$17.88 - $26.73SalesUnited Stateshimalayas
Mortgage-ServicingForeclosure-SpecialistDefault-ServicingMortgage-OperationsLoan-ProcessingREO-Properties-SpecialistMid-level

Job Description

OverviewJOB SUMMARYThe Foreclosure Specialist II position will report to the Foreclosure Supervisor. The incumbent is responsible for working directly with governmental, special servicing, private label, and high profile investors while making decisions and providing resolutions regarding foreclosure issues in order to minimize risks and mitigate loss outside of their delegated authority. Provide management with status updates and reporting in addition to ensuring compliance with all agency, investor and insurer guidelines. Support internal staff with questions regarding foreclosure loans within their delegated authority. ResponsibilitiesResponsible for document execution of various financial foreclosure documents required during the foreclosure process per Federal Compliance standardsBeneficial to possess valid notary licenseKnowledgeable in agency, investor or insurer timelines and document requirements for judicial and non-judicial foreclosuresExperienced in calculation and preparation of foreclosure judgment figures and state required documentsExperienced Trial and Deposition knowledge and training beneficialReceives financial foreclosure documents via the LPS systemPrints, reviews and executes the attorney provided foreclosure documents to prepare foreclosure loans for sheriff’s saleCalculates bidding instruction for nationwide foreclosure salesReviews and provides HAMP certification nationwide notifications prior to foreclosure saleAbility to provide exceptional representation of LoanCare in a legal proceedingWorks under general supervision applying well established techniques, procedures or specific standardsWork reviewed for soundness of judgment and overall accuracy per company and federal compliance standardsExecutes policies at direction of supervisor and makes recommendations for changeInternal/External contacts: Executive Management, Senior Management, Department Staff, Corporate Staff, Financial Institutions, Investors, Agencies, Approved Attorney NetworkAll other duties as assignedQualificationsHigh School Diploma or equivalent required Some college or the combination of equivalent work experience, knowledge, skills and abilities related to the position requirementsCollege degree preferred in Business, Math, English, Legal or other related subject and/or equivalent work experienceKnowledge of mortgage banking, familiarity with RESPA, FFDCPA, GLBA, and federal and state laws related to foreclosure and bankruptcy processesPrevious Default servicing experience: 2-5 years of foreclosure or mortgage default related experience (Foreclosure preferred) or 1-3 years of experience with mortgage loan software highly desirableWorking knowledge of mortgage loan documentation, best servicing practices regarding foreclosure processing, default/foreclosure laws and regulations, including FNMA, FHLMC, FHA and VAStrong professional and interpersonal communication skills verbally and through written electronic correspondenceAdvanced multi-tasking and organizational skills with strong attention to detailAbility to read legal terms and conditions and understand their meaning and how it applies to work processesPC skills including, but not limited to, advanced Word, Excel, Access, Internet, MSP (LPS/Fidelity) application skillsAbility to meet strict deadlines and take direction from more senior paralegals and attorneysProven ability to prioritize workflow during high volumes and within critical timeframeSelf-starter who is able to work in a fast paced, multi-faceted environmentPrevious title work experience recommendedPrevious experience in monitoring activity of multiple accounts assigned to outside counselTotal RewardsLoanCare’s Total Rewards Package offers a comprehensive blend of health and welfare, financial, lifestyle and learning benefits to support employee well-being and engagement. Highlights include:Health & Welfare Coverage: Optional medical, dental, vision, life, and disability insuranceTime Off: Paid holidays, vacation, and sick leaveRetirement & Investment: Matching 401(k) plan and employee stock purchase planWellness Programs: Access to mental health resources, including free Calm memberships, and initiatives that promote physical and emotional well-beingEmployee Recognition: Programs that celebrate achievements and milestonesLifestyle & Learning Perks: Enjoy discounts on gym memberships, pet insurance, and employee purchasing programs, plus access to a tuition reimbursement program that supports your continued education and professional growth.Compensation Range: $17.88 - $26.73 per hour. Actual compensation may vary within the range provided, depending on a number of factors, including qualifications, skills and experience.Build Your Future with LoanCare®At LoanCare, we don’t just service mortgage loans—we serve people. As a leading full-service mortgage loan subservicer, we deliver excellence to banks, credit unions, independent mortgage companies, investors, and the homeowners they support. Ba